Bitcoin Price Plummets Below $57,000 Amid Major German Transfer and Mt. Gox Repayment Concerns

Amid a notable market correction, Bitcoin’s value has plunged below $57,000, hitting $56,950 during the early European trading session on Thursday. This drop marks its lowest point since May and is significant as it has fallen beneath the crucial 200-day moving average of $58,492. Market experts attribute the revision to several contributing factors, sparking concerns

Source: CoinOtag